Trophy Building: Ideal Grand Residence, Art Gallery, Foundation, or Headquarters 53 East 77th Street has gone through many permutations as a single-family mansion, Funk and Wagnall's library, Cello restaurant, a recording studio, and currently is used to market museum-quality furniture. The building has great bones and proportions with windows on the north, south, and west. Phenomenal location, as it is right off Madison Avenue across from The Carlyle and The Mark Hotel. The property is commercially zoned and ideal for an art gallery, school, private club, office, diplomatic residence, institution, and retail mixed building with residential space above office/commercial floors. A buyer could convert this 14,500 sq ft+ building into a grand mansion. Co-Exclusive.